Oil Holds Advance as Trump Extends Truce But Maintains Blockade
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:Oil held a two-day gain after US President Donald Trump extended a ceasefire with Iran, even as peace talks faltered and a blockade of the Strait of Hormuz kept flows locked up.West Texas Intermediate traded near $90 barrel, after adding almost 10% in the prior two sessions, while Brent closed below $99. Trump said Tuesday that the US would hold off on fresh attacks on Iran but keep blocking Iran-linked ships until “discussions are concluded, one way or the other.”